Wendy's   reported revenue that fell short of expectations. But earnings beat analysts’ forecasts. The fast food company’s adjusted EPS came in at 19 cents per share, higher than analysts’ expectations of 17 cents a share. Revenue of $452.2 million increased from $437.9 million a year ago.Analysts were expecting revenue of $454 million. "We remain focused on our goal of delivering efficient, accelerated growth behind our three major long-term growth pillars: building our breakfast daypart, growing our digital business and expanding our International footprint," said CEO Todd Penegor in a statement. 
Advanced Micro Devices  got a rating upgrade from  Goldman Sachs.  Goldman analysts boosted the rating on the semiconductor maker’s shares to buy from neutral.They added them to Goldman’s Conviction List. Goldman analysts lifted their share-price target to $96 from $84. The analyst cited share gains across the personal-computer and server central-processing-unit markets,  gross-margin expansion, and  operational expenditure leverage, driving above-consensus earnings growth. “The recent correction in the stock … presents a compelling opportunity to participate in what we expect to be a multi-year share gain and margin expansion story,” the analysts wrote.
Honda is trading below its 13-week and 52-week moving averages. I was a little surprised when I looked at the fundamental analysis screener for the two stocks.It gets two negative readings from the Profit vs. Risk Rating and the SMR rating. The technical screener doesn’t look as good for Honda.
  The initial phases will consist of placing safeguards for crew members, and the CDC will ensure that ship operators have adequate protective equipment for the crews.    This will be followed by a phase where ship operators will have to build the laboratory capacity for testing passengers for covid-19.  In the next phases,  the cruise lines will conduct simulated voyages to test ship operators' ability to mitigate covid-19.Subject to passing the tests, ships will be certified to resume voyages.   
Five9  reported earnings that beat analysts’ estimates. The cloud company’s quarterly earnings were $0.27 per share, compared to analyst expectations of $0.18 a share. Revenue surged +34% year-over-year to a record of $112.1 million. CEO Rowan Trollope told about its acquisition of Inference in a press release, “We believe adding Inference to the Five9 portfolio accelerates our leadership position in AI while also providing customers with a market-leading IVA at a time when customers need efficient real-time assistance,” while adding “Customer engagement is now more paramount than ever.We are excited to build upon our successful partnership with this acquisition.”  
Active membership in Starbucks’ U.S. loyalty program climbed +10% to 19.3 million people and accounted for 47% of transactions. China same-store sales dropped by just -3%. During the quarter, Starbucks opened 480 new cafes on net.It expects to open 1,100 net new stores and $1.9 billion in capital expenditures in the next fiscal year. Looking ahead, the company forecasts  adjusted earnings of 50 cents to 55 cents per share for the fiscal first quarter.  
Inphi will be worth $157.83 a share, according to the deal’s terms. "Our acquisition of Inphi will fuel Marvell's leadership in the cloud and extend our 5G position over the next decade," said Matt Murphy, Marvell CEO and president."Inphi's technologies are at the heart of cloud data center networks and they continue to extend their leadership with innovative new products, including 400G data center interconnect optical modules, which leverage their unique silicon photonics and DSP technologies.
Shopify   reported third-quarter earnings and sales that beat analysts' expectations. The e-commerce tech company’s adjusted earnings for the third quarter came in at $1.13 a share (vs. a loss of - 29 cents a share a year ago).Analysts polled by FactSet had expected 52 cents a share earnings. Revenue surged +96% year-over-year to $767.4 million in the quarter, exceeding analysts' forecasts of $657.8 million.  The company’s subscription solutions revenue increased +48% to $245.3 million, on the back of more merchants entering the platform.
ExxonMobil Corp.   said it plans to cut around 1,900 domestic jobs, and to lower its global workforce by around -15% over the next two years. The oil giant said that the dampening of energy demand due to COVID-19 has forced the company to make the changes. According to  Exxon, the job cuts will improve the company’s long-term cost competitiveness and to ensure the company manages through the current “unprecedented market conditions.Outlook on near-term demand is gloomy among investors amid new lockdown orders in Europe and decreasing gasoline consumption in the United States.
Within the United States, cases are expected to increase in 49 out of 50 states in the coming weeks. With the uncertainty looming, three of the top gaming companies will report earnings next week.Caesars Entertainment (CZR) and Melco Resorts and Entertainment (MLCO) will report on November 5. All three companies saw their stocks drop sharply in the first quarter and all three have seen the stocks rally sharply off their lows.
The other four will report that night—Facebook (FB), Amazon (AMZN), Apple (AAPL), and Google/Alphabet (GOOG). So far this earnings season it appears that companies that are beating their earnings and revenue forecasts aren’t being rewarded as greatly as usual and companies that miss are getting punished more than usual.For companies that miss on their earnings estimate, the historical average is for a decline of just over 2%. One concern going in to Thursday is that the tech sector has seen the worst declines after earnings so far this earnings season.
). The company mentioned that around two-thirds of the 42,000 patients enrolled in late-stage clinical trials have been dosed with its developing coronavirus vaccine.It plans to apply Emergency Use Authorization (EUA) approval from the U.S. Food & Drug Administration in late November.
Molecular diagnostics company Exact Sciences  has agreed to buy cancer-detection company Thrive Earlier Detection for $2.5 billion in cash and stock. Under the terms of the 65% stock-35% cash deal, Thrive Earlier Detection will receive $1.7 billion up front  .An additional $450 million will be payable to Thrive subject to milestones related to the development and commercialization of a blood-based, multi-cancer screening test. Exact Sciences CEO Kevin Conroy said that the acquisition will allow Exact Sciences to add Thrive's early-stage cancer-screening test, CancerSEEK, into its blood-based screening platform.
AMD posted third quarter results that beat analysts’ expectations. The chipmaker’s third-quarter adjusted earnings came in at 41 cents a share, compared to Wall Street forecasts of 35 cents. Revenue of $2.8 billion (vs. $1.8 billion a year earlier) also exceeded analysts’ expectations of $2.56 billion. The company’s core computing and graphics segment sales came in at $1.67 billion, beating estimates of $1.55 billion.Ryzen processor sales growth were partially offset by softer graphics revenue. Gross margin in the rose 1 percentage point year-over-year to 44%. AMD CEO and President Lisa Su cited strong demand for our PC, gaming, and data center products as key drivers of record quarterly revenue. Looking ahead, AMD projected fourth-quarter revenue of about $3 billion, up 41% year-over-year. Non-GAAP gross margin is expected at about 45% for the fourth quarter.
Semiconductor company Advanced Micro Devices (AMD) has agreed to purchase rival Xilinx   for $35 billion. “Our acquisition of Xilinx marks the next leg in our journey to establish AMD as the industry’s high performance computing leader and partner of choice for the largest and most important technology companies in the world,” said AMD CEO and President Lisa Su. Under terms of the all-stock deal, Xilinx investors will receive 1.7234 AMD shares for each Xilinx stock.The merger values Xilinx at about $143 a share. The agreement, expected to close by the end of 2021, is subject to approval from shareholders and regulators.
On Friday, Goldman Sachs analyst Noah Poponak initiated coverage of Virgin Galactic  shares  with a neutral rating. The spaceflight company got a price target of $19 from Poponak, a target that’s below the estimates of all other analysts surveyed by Bloomberg.  While Virgin Galactic aims to expand its reach in private space travel, Poponak has concerns that “time to realization of the opportunity is very long, customer adoption and recurrence uncertain, and potential for competition not insignificant”. Poponak  added, “The key question for investing in SPCE is how many people will want to fly to space and how much will they pay to do so.”   
The result was better compared to the net loss of -10 cents a share  that analysts surveyed by FactSet had expected. Revenue for the quarter tripled to $1.65 billion, from $555.6 million.FactSet analysts had expected $1.6 billion.   According to the company, its main market which is the automotive industry underwent "unprecedented shutdowns" in the previous quarter, but Cleveland-Cliffs prepared its inventories for recovery. In September, Cleveland-Cliffs   agreed to buy the U.S. operations of Luxembourg-based steel-and-mining company ArcelorMittal for $1.4 billion in cash and stock. The deal would make the company the largest producer of iron ore pellets. 
Dunkin’ Brands could soon be run by private equity. The doughnut company held preliminary discussions to be acquired by private equity-backed restaurant company Inspire Brands, according to a Dunkin’ statement on Sunday.(The deal would take Dunkin’ Brands private at a price of $106.50 a share, said the New York Times which first reported the development). However, there is no certainty that any agreement will be reached, and neither party will comment further unless and until a transaction is reached according to company spokeswoman, Karen Raskopf. Dunkin' website ,mentions that the company owns around 21,000 "points of distribution" in more than 60 countries - that includes 12,900 Dunkin' restaurant franchises and 8,000 Baskin-Robbins stores.  
According to Tickeron’s group trends screener, the Major Diversified Chemicals group is up 52.14% in the last six months. Another thing that jumped out from the screener was the fact that the group scored a “strong buy” rating overall.Of the eight stocks in the group, four carry the “strong buy” designation from Tickeron’s Artificial Intelligence readings.
The only charts that matter are the ones that show us stock patterns. Investors need to think differently.The results at the end of that day could change to outlook for some of your favorite long-term investments. In this article, we’ve laid out a strategy to position investors for any outcome on election day.
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